Construct · 1 fields · 1 citations

incremental cost-effectiveness ratio: a standalone construct

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Health economics

the extra cost of an intervention divided by the extra health benefit it produces compared with the next best option.

In health economics, incremental cost-effectiveness ratio refers to the extra cost of an intervention divided by the extra health benefit it produces compared with the next best option. This meaning comes from Weinstein (1977) in New England Journal of Medicine.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructs extended dominance1 fields · 1 citationsanchor · a standalone construct extra-welfarism1 fields · 1 citationsanchor · a standalone construct

References

Weinstein, M. C., & Stason, W. B. (1977). Foundations of Cost-Effectiveness Analysis for Health and Medical Practices. New England Journal of Medicine, 296(13), 716-721. https://doi.org/10.1056/nejm197703312961304

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